Information

Home Information
  • Nov 12, 2024

Chinese stocks, yuan fall as Trump's cabinet picks add to woes

(Bloomberg) -- Chinese stocks and the yuan slumped as fears of worsening Sino-American tensions further undermined investor confidence after a slew of disappointing economic developments. Most Read from BloombergThe Leaf Blowers Will Not Go QuietlyArizona Elections Signal Robust Immigration Enforcement Under TrumpScoring an Architectural Breakthrough in Denver’s RiNo DistrictKey Ballot Initiatives and Local Races Highlight Views on Abortion, ImmigrationThe Hang Seng China Enterprises Index tumbl

  • Nov 12, 2024

Citi Sees Post-Election Stock Rally Stalling on Profit Taking

(Bloomberg) -- The post-election rally in US stocks could run out of steam as investors start to take profits, according to strategists at Citigroup Inc.Most Read from BloombergThe Leaf Blowers Will Not Go QuietlyArizona Elections Signal Robust Immigration Enforcement Under TrumpScoring an Architectural Breakthrough in Denver’s RiNo DistrictKey Ballot Initiatives and Local Races Highlight Views on Abortion, ImmigrationInvestors added to bullish bets last week, pushing exposure to the S&P 500 to

  • Nov 12, 2024

Treasury Yields Climb Anew With Focus on Inflation Under Trump

(Bloomberg) -- US Treasuries slumped as investors looked to rekindle a selloff spurred by Donald Trump’s presidential victory last week.Most Read from BloombergThe Leaf Blowers Will Not Go QuietlyArizona Elections Signal Robust Immigration Enforcement Under TrumpScoring an Architectural Breakthrough in Denver’s RiNo DistrictKey Ballot Initiatives and Local Races Highlight Views on Abortion, ImmigrationYields on the 10-year benchmark bond rose as much as 5 basis points to 4.36% as of 8:13 a.m. in

  • Nov 12, 2024

Stock market today: Asian shares mostly decline, shrugging off Wall Street's rally

Asian shares mostly fell Tuesday, despite a rally on Wall Street in stocks seen as benefiting the most from Donald Trump’s reelection as U.S. president. Japan's benchmark Nikkei 225 reversed early gains to decline 0.6% in afternoon trading to 39,289.14, weighed down by uncertainty about how Trump's policies, including tariffs, may affect local industries. Chinese tech stocks have been declining lately, while investors also have their eyes on upcoming earnings reports out of China.

Popular Post